Eclipse Resources Corp. (NYSE: ECR) regained compliance with the New York Stock Exchange's (NYSE) continued listing standard relating to the price of its common stock, the company said April 15.
The NYSE requires that the average closing price of a listed company's common stock be no less than $1 per share over a consecutive 30 trading-day period and the stock price close above $1 per share on the last trading day on the month to provide an accelerated cure of non-compliance.
On April 1, Eclipse achieved the conditions and resumed compliance with all NYSE continued listing requirements.
Eclipse Resources Corp. is based in State College, Pa.
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